Vichitbhan Palmoil (Thailand) Price on November 23, 2023
| VPO Stock | THB 0.61 0.01 1.67% |
If you're considering investing in Vichitbhan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vichitbhan Palmoil stands at 0.61, as last reported on the 28th of November, with the highest price reaching 0.63 and the lowest price hitting 0.60 during the day. Vichitbhan Palmoil is out of control given 3 months investment horizon. Vichitbhan Palmoil Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.56% are justified by taking the suggested risk. Use Vichitbhan Palmoil Public Semi Deviation of 3.2, coefficient of variation of 3794.7, and Risk Adjusted Performance of 0.0283 to evaluate company specific risk that cannot be diversified away.
Vichitbhan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vichitbhan |
Sharpe Ratio = 0.1139
| Best Portfolio | Best Equity | VPO | ||
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Estimated Market Risk
| 127.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Vichitbhan Palmoil is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vichitbhan Palmoil by adding it to a well-diversified portfolio.
Vichitbhan Palmoil Valuation on November 23, 2023
It is possible to determine the worth of Vichitbhan Palmoil on a given historical date. On November 23, 2023 Vichitbhan was worth 0.82 at the beginning of the trading date compared to the closed value of 0.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vichitbhan Palmoil stock. Still, in general, we apply an absolute valuation method to find Vichitbhan Palmoil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Vichitbhan Palmoil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vichitbhan Palmoil's related companies.
| Open | High | Low | Close | Volume | |
| 0.81 | 0.83 | 0.80 | 0.81 | 528,200 | |
11/23/2023 | 0.82 | 0.82 | 0.80 | 0.81 | 398,800 |
| 0.80 | 0.81 | 0.80 | 0.80 | 223,900 |
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Vichitbhan Palmoil Trading Date Momentum on November 23, 2023
| On November 24 2023 Vichitbhan Palmoil Public was traded for 0.80 at the closing time. The maximum traded price for the trading interval was 0.81 and the lowest daily price was 0.80 . The daily volume was recorded at 223.9 K. The volume of trading on 24th of November 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 1.23% . The trading price change to the closing price today is 11.11% . |
Vichitbhan Palmoil Public Fundamentals Correlations and Trends
By evaluating Vichitbhan Palmoil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Vichitbhan Palmoil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vichitbhan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vichitbhan Palmoil Stock history
Vichitbhan Palmoil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Vichitbhan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vichitbhan Palmoil Public will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Vichitbhan Palmoil stock prices may prove useful in developing a viable investing in Vichitbhan Palmoil
Vichitbhan Palmoil Public Company Limited produces and distributes crude palm oil and palm Kernel products in Thailand. Vichitbhan Palmoil Public Company Limited was incorporated in 1987 and is headquartered in Bangkok, Thailand. VICHITBHAN PALMOIL operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
Vichitbhan Palmoil Stock Technical Analysis
Vichitbhan Palmoil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Vichitbhan Palmoil Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Vichitbhan Palmoil Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Vichitbhan Palmoil November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Vichitbhan Palmoil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vichitbhan Palmoil shares will generate the highest return on investment. By undertsting and applying Vichitbhan Palmoil stock market strength indicators, traders can identify Vichitbhan Palmoil Public entry and exit signals to maximize returns
Vichitbhan Palmoil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vichitbhan Palmoil's price direction in advance. Along with the technical and fundamental analysis of Vichitbhan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vichitbhan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.2734 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.07) |
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Other Information on Investing in Vichitbhan Stock
Vichitbhan Palmoil financial ratios help investors to determine whether Vichitbhan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vichitbhan with respect to the benefits of owning Vichitbhan Palmoil security.